Mysock, Chevaillier & Birdsong, LLP specializes primarily in Taxation, Estate Planning, ERISA, Elder Law and Business Transactions for Corporations, Limited Liability Companies, Partnerships and Individuals.
Mysock, Chevaillier & Birdsong, LLP is a “boutique” oriented law firm with OVER 100 years of combined experience & widely recognized expertise in taxation, estate planning & business transaction matters.
We provide comprehensive estate planning consultation and document preparation for small and large estates. Because of our expertise in taxation, we can coordinate your financial, business and estate planning to insure the maximum transfers of wealth to successive generations. We often provide these services on a fixed fee basis for living trusts and wills, irrevocable life insurance trusts, family limited partnerships and family limited liability companies, charitable trusts, education trusts, asset protection programs, private foundations, and domestic asset protections plans. We provide legal representation in all probate matters.
We provide our clients business expertise in business transactions, ranging from entity selection and business organization, mergers and acquisitions, contracts, financial planning, retirement plans, succession planning, and comprehensive planning.
We offer experienced and knowledgeable tax counseling and professional preparation in the areas of federal, state, and local and foreign taxation to individuals, business entities, trusts and estates.
We represent individuals and companies in civil and criminal tax litigation. We also represent individuals and companies in tax collection matters in Federal and state courts or before administrative agencies.
Typically, nonrecourse loans are not considered at risk for purposes of the IRC §465 at-risk limitations. An exception to the rule does exist though. When qualified nonrecourse financing is secured by real property used in the activity of holding real property, it can be considered at-risk. Personal property or services … Continued
WASHINGTON — The Internal Revenue Service today warned employers to be wary of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. Some third parties are taking improper positions related to taxpayer eligibility for and computation of the credit. These third … Continued
The qualified small business stock (QSBS) exclusion is a tax benefit that applies to eligible shareholders of a qualified small business (QSB). It was originally enacted in 1993 as a partial exclusion, and was later expanded to a 100% exclusion as part of the Small Business Jobs Act in 2010. … Continued
Notice 2022-36 provides systemic penalty relief to taxpayers for certain civil penalties with respect to 2019 and 2020 returns. The relevant penalties will be waived or, to the extent previously assessed, abated, refunded, or credited, as appropriate. Notice 2022-36 will be in IRB: 2022-36, dated 09/06/22. Notice 2022-36
Mysock, Chevaillier & Birdsong, LLP
2021 S. Lewis, Suite 700
Tulsa, OK 74104
918.747.6099 FAX 918.747.6299
Email us
